SEACOR Marine Holdings Inc. 8-K Filing Summary

SEACOR Marine Holdings Inc. (the "Company") entered into a letter agreement on May 20, 2026, to modify its existing credit agreement dated November 27, 2024. The modification allows for the release of $13.7 million from an escrow account to SEACOR Marine Foreign Holdings Inc. (SMFH), the borrower. Additionally, $24.6 million in undrawn commitments under Tranche B of the credit agreement have been canceled. These commitments were intended for the construction of two platform supply vessels (PSVs). Following the release from escrow, $41.0 million remains in the account, which will fully fund the remaining construction payments for the two PSVs, expected for delivery in late 2026 and early 2027. The Company also reported the sale of five vessels (two PSVs, one fast support vessel, and two liftboats) for $46.5 million, reducing its fleet to 38 support vessels. The majority of the fleet is foreign-flagged, with six U.S. flagged vessels.